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-1.33726361478005E-05 -0.000873042102789656 -0.000873042102789656 -0.000873042102789656 -0.000873042102789656 -0.000873042102789656 -0.000873042102789656 -0.000873042102789656
Stock impact report

AST SpaceMobile (ASTS) Soars 13% on Telus Backing [Yahoo! Finance]

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Yahoo! Finance
AST SpaceMobile clawed back to the $100 territory on Wednesday, after securing the backing of a Canadian technology giant for its space-based cellular broadband network connectivity. At intra-day trading, the stock climbed to its highest price of $106.66 before trimming gains to finish the session just up by 13.17 percent at $104.89 apiece, following announcements that Telus Corp. would invest in ground-based satellite infrastructure and become an equity shareholder of AST SpaceMobile Inc. (NASDAQ:ASTS). ASTS Photo from AST SpaceMobile website The deal would allow Telus customers to use their existing smartphones by late 2026 to send messages, make calls, and use data in Canada's remote locations, thanks to AST SpaceMobile Inc.'s (NASDAQ:ASTS) low-earth orbit satellite constellation. “Canada's vast geography, remote industries and dispersed communities make universal connectivity both a challenge and a necessity. By combining Telus' proven leadership in network innovation w Show less Read more
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